Businesses

Moving forward with the legacy of his father, Senator Gulzar Ahmed Khan who started this long journey to success in late 1950’s, Senator Waqar Ahmed Khan is refining and redefining the corporate culture of Pakistan by setting unprecedented standards of excellence in service, delivery and consumer satisfaction in shape of WAKGROUP. Today WAKGROUP is in an expansion process which includes the visionary initiatives.WAKGROUP has diversified its portfolio to launch top-notch brands in real estate, gas & petroleum, steel, construction, fashion, media and consumer electronics.

WAK GAS (LPG)Propelling Growth

Incorporated on February 10, 1984, as a private limited company, WAK GAS was transformed into a public limited company in May 1995.

Established in April, 1990, WAK Steel is engaged in production of high-quality LPG cylinders, pressure vessels, storage tanks, and LPG bowsers for domestic, industrial and logistics use.

WAK Steel’s ISO-certified state-of-the-art industrial facility has the capacity to produce over 250,000 LPG Cylinders of various capacities, per year. A major chunk of WAK Steel’s production output caters to the retail and distribution needs of its sister-concern WAKGAS, Pakistan’s premium LPG distributor.

Envisioned to provide affordable shelter in a sustainable environment, Pak Arab Housing Society is the essence of WAK Group’s rich experience of real estate development.Commencing with the launch of Lahore’s first private housing society (currently known as DHA Phase 1) in 1960s, the Group has to its credit some other landmark projects.

IVY Prints has been flaunting its prêt and unstitched arrays of bridal, luxury, formal and semiformal designs for the last 8 years. IVY’s Flora range with its definitely distinctive western look is the ultimate showstopper.

IVY’s flagship outlet on M.M. Alam Road, 2 years ago, has strengthened the brand’s market presence, bringing it closer to its customers.

As WAKGROUP’s latest initiative in consumer electronics sector, WAKTECH is driven to capitalize on Pakistan’s consumer electronic market worth $1.5 billion. With gradual improvement in power generation and a rising PPP, the sector is expected to grow to $2-4 billions in the near future.

As the latest addition to the group, FALCON OIL is setting up a world-class oil refinery at Khyber Pakhtunkhawa (KPK), in collaboration with a Chinese company (GEDI).

The timing and the location of this joint venture is very crucial when viewed in the context of CPEC (China Pakistan Economic Corridor), an epoch-making project that is going to be a game changer for the region.